Despite months of forecasts that the pace would slacken, the U.S. economy is still running well above expectations. But, as recent revelations by Torsten Sløk, the Chief Economist for Apollo Global Management wrote, growth in America remains robust and resistant—perhaps that explains why Wall Street has been so wrong about a recession. “The consensus has […]
U.S. New-Home Sales Surge 20% as Builders Slash Prices and Mortgage Rates Ease
In an astonishing shift for the U.S. housing market, new-home sales soared more than 20% in August 2025, their fastest pace since early 2022. Sales of new single-family homes increased to an annualized rate of 800,000, the pace at which they would sell over a year, according to the most recent government data, suggesting fresh […]
What Mortgage Rates Falling Below 6% Would Really Mean for Homebuyers
So what have would-be home buyers been waiting for for much of the past two years? Recent projections released by Fannie Mae and the National Association of Realtors® (NAR) suggest that it may not be far away—and it could be the spark many prospective buyers have been waiting for. Why 6% Matters NAR analysts believe […]
How the Government Shutdown Could Impact Mortgage Rates and the Housing Market
The latest shutdown of the federal government has formally commenced, and it’s anyone’s guess how long it will last — and just how much it will impact the U.S. economy and housing market. Though early impacts are modest, economists caution that prolonged paralysis could disrupt financial markets, delay real estate transactions and inflate wobbles in […]